Assets in Hargreaves Lansdown's multi-manager range have moved closer to the £5bn mark after the company raised £162m for its HL Multi-Manager UK Growth fund, which launched on 23 January.
Hargreaves said the £162m total for its latest multi-manager launch is the second-highest in the history of its Vantage consumer platform. Run by Lee Gardhouse, the MM Growth fund will invest in both value and growth strategies, encompassing large, mid and small-cap funds. The funds making up the portfolio at launch are AXA Framlington UK Select Opps, AXA Framlington UK Mid Cap, Blackrock UK Special Situations, Jupiter UK Special Situations, Lindsell Train UK Equity, Majedie UK Equity, Marlborough Smaller Companies funds and Old Mutual UK Smaller Companies Focus fund. The portfolio...
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